JP Morgan Maintains Overweight Rating for Regeneron Pharmaceuticals: Here's What You Need To Know

JP Morgan has decided to maintain its Overweight rating of Regeneron Pharmaceuticals REGN and raise its price target from $900.00 to $950.00.

Shares of Regeneron Pharmaceuticals are trading up 0.78% over the last 24 hours, at $817.84 per share.

A move to $950.00 would account for a 16.16% increase from the current share price.

About Regeneron Pharmaceuticals

Regeneron Pharmaceuticals discovers, develops, and commercializes products that fight eye disease, cardiovascular disease, cancer, and inflammation. The company has several marketed products, including Eylea, approved for wet age-related macular degeneration and other eye diseases; Praluent for LDL cholesterol lowering; Dupixent in immunology; Libtayo in oncology; and Kevzara in rheumatoid arthritis. Regeneron is also developing monoclonal and bispecific antibodies with Sanofi, other collaborators, and independently, and has earlier-stage partnerships that bring new technology to the pipeline, including RNAi (Alnylam) and CRISPR-based gene editing (Intellia).

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This article was generated by Benzinga's automated content engine and reviewed by an editor.